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Acquisitions and Divestitures News in Kuwait

Joint Venture Singing Ceremony Between SKC & PIC
8/7/2019 - Kuwait's Petrochemical Industries Company (PIC) has acquired 49 percent of operations of South Korean SKC, and the two firms agreed to establish a joint company producing propylene Oxide (PO) and prop...
Kuwait Energy Signs Block 9 Farm-out Agreement
2/12/2018 - Kuwait Energy plc signed Block 9, Iraq Farm-out Agreement with Dragon Oil (a wholly-owned subsidiary of Emirates National Oil Company Ltd, the national oil company of Dubai). ...
KPI Acquires 50 pct Ownership of Mega Omani Refinery
1/14/2018 - Kuwait's High Petroleum Commission has confirmed that Kuwait Petroleum International (KPI), a Kuwait Petroleum Corporation (KPC) affiliate, now owns a 50 percent share of Oman's Duqm refinery. ...
KNPC, PIC Agree to Shift Key Oil Projects to KIPIC
5/2/2017 - Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) signed agreements to transfer contracts of key projects to Kuwait Integrated Petrochemical Industries Company (...

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